GSC Consulting: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GSC Consulting
Largest movements
- Cash -€51,959
down €51,959 (-41.6%), from €124,975 to €73,017
mainly Contributions, distributions and other (-€625,000) and Other debts (-€75,472)
- Tangible fixed assets -€13,758
down €13,758 (-58.0%), from €23,702 to €9,944
of which Furniture and vehicles: -€13,310
- Deferred charges and accrued income -€6,437
down €6,437 (-55.4%), from €11,624 to €5,187
- Other debts -€75,472
down €75,472 (-98.1%), from €76,954 to €1,482
- Tax, wage and social debts +€4,195
up €4,195 (+10.9%), from €38,342 to €42,537
- Trade debts +€2,029
up €2,029 (+56.6%), from €3,584 to €5,613
- Profit (loss) carried forward -€2,026
down €2,026 (-4.7%), from €42,970 to €40,944
- Gross operating margin +€306,807
up €306,807 (+58.0%), from €528,865 to €835,672
- Taxes +€76,207
up €76,207 (+60.4%), from €126,209 to €202,415
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,098 | €93,733 | -€71,365 | -43.2% |
| Fixed assets | 21/28 | €23,702 | €9,944 | -€13,758 | -58.0% |
| Tangible fixed assets | 22/27 | €23,702 | €9,944 | -€13,758 | -58.0% |
| Plant, machinery and equipment | 23 | €1,302 | €854 | -€448 | -34.4% |
| Furniture and vehicles | 24 | €22,400 | €9,091 | -€13,310 | -59.4% |
| Current assets | 29/58 | €141,396 | €83,789 | -€57,608 | -40.7% |
| Amounts receivable within one year | 40/41 | €4,797 | €5,585 | +€788 | +16.4% |
| Trade receivables | 40 | €6 | - | -€6 | |
| Other amounts receivable | 41 | €4,791 | €5,585 | +€794 | +16.6% |
| Cash at bank and in hand | 54/58 | €124,975 | €73,017 | -€51,959 | -41.6% |
| Deferred charges and accrued income | 490/1 | €11,624 | €5,187 | -€6,437 | -55.4% |
| Total equity and liabilities | 10/49 | €165,098 | €93,733 | -€71,365 | -43.2% |
| Equity | 10/15 | €44,470 | €42,444 | -€2,026 | -4.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,970 | €40,944 | -€2,026 | -4.7% |
| Amounts payable | 17/49 | €120,629 | €51,289 | -€69,340 | -57.5% |
| Amounts payable within one year | 42/48 | €118,880 | €49,632 | -€69,248 | -58.3% |
| Trade debts | 44 | €3,584 | €5,613 | +€2,029 | +56.6% |
| Suppliers | 440/4 | €3,584 | €5,613 | +€2,029 | +56.6% |
| Taxes, remuneration and social security | 45 | €38,342 | €42,537 | +€4,195 | +10.9% |
| Taxes | 450/3 | €38,342 | €42,537 | +€4,195 | +10.9% |
| Other amounts payable | 47/48 | €76,954 | €1,482 | -€75,472 | -98.1% |
| Accrued charges and deferred income | 492/3 | €1,749 | €1,658 | -€91 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,770 | €9,041 | +€2,272 | +33.6% |
| Other operating charges | 640/8 | €1,358 | €2,454 | +€1,096 | +80.7% |
| Gross operating margin | 9900 | €528,865 | €835,672 | +€306,807 | +58.0% |
| Operating profit (loss) | 9901 | €520,738 | €824,177 | +€303,439 | +58.3% |
| Financial income | 75/76B | €1 | €1,279 | +€1,278 | +152,186% |
| Recurring financial income | 75 | €1 | €1,279 | +€1,278 | +152,186% |
| Financial charges | 65/66B | €155 | €66 | -€88 | -57.2% |
| Recurring financial charges | 65 | €155 | €66 | -€88 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €520,584 | €825,390 | +€304,806 | +58.6% |
| Income taxes | 67/77 | €126,209 | €202,415 | +€76,207 | +60.4% |
| Profit (loss) for the period | 9904 | €394,375 | €622,974 | +€228,599 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €394,375 | €622,974 | +€228,599 | +58.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.